Oyo State Governor, Seyi Makinde, has countered claims by President Tinubu that the federal government granted N570 billion to the 36 states of the federation, stating that the information is not completely accurate.
In a newsletter signed by the governor and published on the state’s official website on Thursday, Makinde said the funds disbursed was not a direct allocation from the federal government.
The governor clarified that the money received by the states were actually World Bank Covid-19 funds, with the federal government acting only as an intermediary between the international creditor and the 36 states.
He further explained that the funding was contingent on what the states had already spent on Covid-19 programs, meaning the World Bank was simply reimbursing what the states had used to address the pandemic crisis.
